What is MCEDC?
Morgan County Economic Development is a partnership between the local business community, the workforce community, leaders in education, elected officials, and the community itself. The focus of economic development is to bring “primary employers” and jobs to the area in hopes of continuing to build a strong and growing local economy.
Morgan County Economic Development Corporation is a not-for-profit 501c6 whose activities to promote Morgan County are strongly endorsed by public and private entities. There are thirteen voting members on the board of directors representing individual businesses, or various communities.
Starting a Business
Starting a business is exciting. Navigating the complexities can be confusing and overwhelming. At the Small Business Development Center, they have created specific programs to assist you in launching your endeavor.
At no charge, you can meet with a business consultant who understands your situation and can devise an action plan to progress your company. Areas of counseling can include but are not limited to: business plan development, marketing strategy, registration and licensing, start-up and financing preparation.
revolving loan fund
The purpose of MCEDC's revolving loan fund (RLF) is to provide gap financing for the development and expansion of small businesses within Morgan County. It is a self-replenishing pool of money, utilizing interest and principal payments on old loans to issue new ones. The intent of MCEDC's revolving loan fund is to offer loans to applicants that otherwise could not obtain conventional financing. For more information call 970.467.7100 or email email@example.com
Our Commitment to Confidentiality
MCEDC wants to be your trusted adviser. Whether you’re an existing business, or a business looking to relocate or expand into Morgan County, we know that confidentiality is key in economic development projects.
When we work with a business on a project, we are often privy to a lot of sensitive information, including financial information, strategic growth plans, and research & development activity. We understand During a BRE visit, for example, we might learn that an employer needs working capital, is looking to expand their footprint by obtaining additional space, or is considering transferring some production and employees to a different location. Until plans are complete, an employer would want to keep this out of the public eye.
We take confidentiality very seriously. When we work on a new project, that project is given an anonymous name that is used on all correspondence and project-related materials. We do not share information on our website, publicly, or in any format during the project. Once the project is complete and considered a “win,” we will work with the employer to promote it, but only with the express consent and participation of the employer. There are no exceptions to this practice.
Learn more about our economic development services by visiting Our Services. If you have questions about our Confidentiality Promise, please contact Kristin Clifford-Basil, Executive Director at 970-467-7100.